If the valuation for your small business that is lower than what you expected, we have tips on alternative exit strategies to consider.
Seller’s Discretionary Earnings is also referred to as Seller’s Discretionary Cash Flow, Adjusted Cash Flow, Owner Benefit, Recast Earnings, or Normalized Earnings.
Due diligence is the process where the buyer has an unveiled look at the business you’re selling to investigate it from the inside so that they can make an objective decision about your business, and make a buying decision or not.
No one expects it but unforeseen circumstances do happen and cause major disruptions to your ability to run a business. So if these situations happen, do you have a plan?
Exiting a small business will likely include preparing financial statements for potential buyers as well as obtaining a business or net asset valuation (ExitGuide Pro includes a valuation). If you need a refresher on some of the terminologies or you do not “speak finance” ExitGuide has summarized many key terms below in what we hope is a clear and practical explanation.
Small business owners need to answer three important questions to create an exit strategy for their small business. By answering these questions, small business owners will be on their way to successfully selling or winding down their small business easily and affordably.
Consulting with an exit coach to plan for your business exit is one of the best investments you can make. By sitting down with your exit coach, you can plan your exit and avoid common issues sellers have when selling their first business. Although meeting with a coach is great, you can maximize the meeting by asking the right questions that can net you more profit for the sale of your business.